on the issue of money market funds, i'm happy to report that craig lewis and his fine staff in our economic analysis division have completed the rigorous study and economic analysis that a bipartisan majority of commissioners had long ago asked for in advance of considering a new rulemaking. we are currently working with the economic analysis staff and the division of investment management to shape a reform proposal based on that rigorous economic analysis. and separately, i'm encouraged by chairman walters' commitment even as we continue to implement the mandates to focusing as well on the everyday, core blocking and tackling issues that affect investors most. in the coming monthings, i look forward to would being together to crease the commission's -- to address the commission's priorities such as the long overdue amendments to the net capital and customer protection rules and longerrer-term ones such as engaging in a formal, thorough evaluation of equity market structure issues last done in a comprehensive manner in the commission's market 2000 report always way back in 1994. for all the